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ELP SIs Gain Ground With Record Volumes in February

ELP SIs Gain Ground With Record Volumes in February

Posted on Tue, Mar 19, 2019 @ 7:52

By Hayley McDowell
March 13, 2019, The Trade

Systematic internalisers (SIs) operated by market makers in Europe under MiFID II seem to be winning over market participants after reaching record market share in February, according to an analysis by TABB Group.

Total daily notional among the six electronic liquidity provider (ELP) SIs that regularly report volumes to TABB Group reached €1.45 billion in February this year, the highest level to date, compared to €1.12 billion in January.